The sale involved a total of 3,457 shares. Following the transactions, Hartje holds 35,121 shares of Sezzle’s common stock.In addition to the stock sale, Hartje exercised stock options to acquire 3,457 shares at a conversion price of $31.92 per share. This option exercise brought the total value of shares acquired to $110,347. After these transactions, Hartje’s direct ownership stands at 9,702 shares. InvestingPro analysis indicates Sezzle maintains a "GREAT" financial health score, with 12 additional exclusive insights available to subscribers. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its fair value. InvestingPro analysis indicates Sezzle maintains a "GREAT" financial health score, with 12 additional exclusive insights available to subscribers. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading near its fair value.
The sale involved a total of 3,457 shares. Following the transactions, Hartje holds 35,121 shares of Sezzle’s common stock.
In addition to the stock sale, Hartje exercised stock options to acquire 3,457 shares at a conversion price of $31.92 per share. This option exercise brought the total value of shares acquired to $110,347. After these transactions, Hartje’s direct ownership stands at 9,702 shares.
In other recent news, Sezzle Inc. has been the focus of notable developments. B.Riley maintained a Buy rating on Sezzle shares and raised the price target to $372.00, citing app download data that indicates the company’s growth surpasses the overall expansion of the buy now, pay later industry. This growth is expected to contribute to long-term increases in Sezzle’s earnings power.
Simultaneously, Sezzle announced amendments to its Articles of Incorporation and changes in its fiscal year. These amendments, approved by shareholders, reflect a shift in shareholder rights and a simplification of the company’s stock structure. Sezzle has also made significant adjustments to its credit and guaranty agreements, as well as its partnership with WebBank, revising the conditions under which it can distribute dividends or repurchase its common stock.
In other company news, Super Micro Computer (NASDAQ:SMCI), along with other companies like Carvana (NYSE:CVNA) and Roblox, saw their shares rise following the announcement of Hindenburg Research’s disbanding. The closure of Hindenburg, known for its critical reports on public companies, may relieve some pressure on stocks that were potential targets for the firm’s investigations. These are recent developments that investors are closely monitoring.
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